Majority of European electricity meters to be smart by 2020

According to Smart Meters in Europe published by Pike Research, nearly 70% of all electricity meters across Europe, and 90% in Western Europe, will be smart by 2020. The consultant’s report, published on 25th February, analysed the business drivers, technology trends, energy policy and national strategies for smart electricity meters across Europe. By 2020, it is estimated that more than 237 million smart electricity meters will be deployed across Europe, with over 30 million meters being installed annually during the peak years of activity.